Professional services firm Cognizant has announced it’s in negotiations to acquire the French operations of Paris-based EI-Technologies, a digital technology consulting firm and leading independent Salesforce specialist.
It’s the second acquisition news to come from Cognizant in two days, with the company earlier announcing it has acquired Atlanta-based Code Zero Consulting, a provider of consulting and implementation services for cloud-based configure-price-quote (CPQ) and billing solutions.
The proposed acquisition of EI-Technologies would complement Cognizant’s global Salesforce practice and expand its client resources in Europe. The acquisition is dependent on consultation with several works councils and subject to closing conditions. Financial terms were not disclosed, however Cognizant did say it would inherent approximately 345 employees in France.
“We’re determined to help our clients become fully digital, data-enabled, customer-centric businesses,” said Cognizant CEO Brian Humphries. “Cloud has changed the way IT is delivered across infrastructure, applications and platforms, and is one of our strategic focus areas. EI-Technologies, based in France, would not only support our effort to further scale our international business but also add Salesforce expertise and capabilities to our cloud management portfolio.”
Founded in 2008, EI-Technologies is a Salesforce Platinum Partner, and counts its EI-Institut as among the largest Salesforce Authorized Training Delivery Partner centers in Europe. In 2016 and 2017, EI-Technologies received the Salesforce Award for specialist partner, as well as the Salesforce Award for most innovative project and partner in 2018. The company won the 2019 Salesforce Award in the Innovation – Most Innovative Partner category.
“We’re excited at the prospect of bringing our expertise and deep relationships within the Salesforce ecosystem together with Cognizant’s rich knowledge and extensive capabilities in digital transformation as a whole,” said Béchara Raad, founder and CEO of EI-Technologies. “Joining Cognizant would enable us to address a wider range of client needs — including automation, artificial intelligence, customer experience design and more — that are emerging in the digital economy, and to pursue projects on a larger scale.”